Easterly Asset Management Boosts Team with Two Senior VPs
Easterly Asset Management Strengthens Its Private Market Sales Team
Easterly Asset Management is excited to announce the appointment of Genna Brounstein and Jennifer Cahill as Senior Vice Presidents of Private Market Sales. With their extensive experience in the financial sector, both Brounstein and Cahill are set to play pivotal roles in enhancing our portfolio of Alternatives Solutions, a vital aspect of our private markets distribution efforts.
Growth in Alternatives Solutions
In their new roles, Brounstein and Cahill will lead initiatives to grow and diversify the offerings within Easterly’s Alternatives Solutions. This effort aligns with a strategic vision focused on providing investors with comprehensive solutions in alternatives, active equity, and active fixed income.
Partnerships That Drive Success
Easterly has built a rich portfolio of Alternatives Solutions through successful partnerships with leading firms in the alternatives investment space. This includes collaboration with Harrison Street, which specializes in demographic-driven investments across sectors such as healthcare and student housing. Other esteemed partners include Lateral Investment Management, recognized for transformational buyouts in the middle market, and Easterly Clear Ocean, a firm established to address opportunities within the international shipping markets.
Expertise in Demand
The demand for unique and differentiated alternative strategies is increasingly prevalent among private wealth investors. Darrell Crate, Founder and Managing Principal of Easterly, emphasized the importance of Brounstein and Cahill’s backgrounds in the private wealth community, stating that their expertise will be significant as Easterly continues to expand its curated portfolio.
Profiles of the New Senior VPs
Brounstein arrives at Easterly from Rockefeller Asset Management, where she was instrumental in capital raising efforts directed toward family offices and institutional clients. Her previous experience includes significant roles at Brookfield Asset Management, demonstrating her capabilities in expanding investor reach.
Cahill brings over 20 years of fundraising experience in alternatives investments to her position. Before joining Easterly, she co-headed U.S. Capital Formation at Fasanara Capital, where her focus was on enhancing the firm’s fundraising success. She has also served as a Managing Director at Investcorp, having substantial exposure to alternative funds and investment strategies.
Commitment to Private Markets
Phil Juliano, Jr., Head of Sales at Easterly, noted that the appointments emphasize the company’s dedication to the private markets domain. With their impressive records, Genna and Jennifer will enhance the firm’s distribution strategies, contributing to Easterly’s growth trajectory.
In their roles, they will leverage their established networks of family offices, registered investment advisors (RIAs), and financial advisors to advance fundraising initiatives for Alternatives Solutions.
Future Growth and Strategic Hiring
As part of their commitment to strengthening the private markets offering, Easterly plans to announce more strategic hires soon, aimed at supporting the expanding portfolio of Alternatives Solutions.
About Easterly Asset Management
Easterly Asset Management, founded in 2019, focuses on delivering investment solutions to both private wealth and institutional investors. With an emphasis on alternatives, active equity, and active fixed income, Easterly collaborates with proven investment teams to unlock value for clients. As of March 31, 2024, the firm, along with its Strategic Partners, manages assets exceeding $60 billion, reflecting its commitment to quality and growth.
Frequently Asked Questions
Who are Genna Brounstein and Jennifer Cahill?
Genna Brounstein and Jennifer Cahill have been appointed as Senior Vice Presidents of Private Market Sales at Easterly Asset Management. They bring a wealth of experience from their previous roles in the financial industry.
What will Brounstein and Cahill do at Easterly?
They will focus on growing and diversifying Easterly's portfolio of Alternatives Solutions, leveraging their extensive networks to lead fundraising efforts.
What is the focus of Easterly Asset Management?
Easterly focuses on offering private wealth and institutional investors unique solutions across alternatives, active equity, and active fixed income.
What is the importance of Alternatives Solutions?
Alternatives Solutions have become increasingly attractive to private wealth investors seeking diversified investment strategies, particularly in a changing economic landscape.
How does Easterly support investment managers?
Easterly provides high-performing managers with resources, operational support, and risk management necessary for them to succeed, enhancing their capacity to deliver value to investors.
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